Senior Asset Manager

Vivid Resourcing; Greater London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A local authority in Greater London is seeking a senior member for their Assets and Property team. The role involves managing operational properties, providing professional advice on valuations, negotiating transactions, and contributing to strategic asset management initiatives. Candidates should have robust property management experience and a strong understanding of compliance and asset strategies.

Qualifications

• Experience in managing operational properties.
• Strong understanding of asset management.
• Excellent communication skills for internal and external relationships.

Responsibilities

• Manage and value diverse operational properties.
• Conduct property valuations and negotiate transactions.
• Assist in strategic asset management and regeneration projects.

Skills

Property management

Valuation

Strategic asset management

Regeneration projects

Health and safety compliance

Education

Chartered Institute of Public Finance qualification

Job description

Job purpose

A senior member of the Assets and Property team with responsibility for providing professional advice in the management, valuation and strategic asset management of the Council's land and property. To support the corporate Asset and Property Manager to manage the Council’s operational property estate and to assist client services on property related projects.

Main duties

Property management 1. To perform all required duties to ensure the effective management and valuation of a diverse estate of operational properties. 2. To carry out property valuations, lettings, surrenders, renewals, development appraisals and negotiate complex property transactions. 3. To enhance rental income through the implementation and management of rent reviews and lease renewals and where necessary employ external property consultants to negotiate the best rents available. 4. To identify opportunities through pro-active management to increase the capital value of the estate, seeking opportunities to add real value and advance developable land on the best possible commercial terms. 5. To prepare, manage and control the annual revenue and expenditure budget forecasts for any operational properties, challenge costs and achieve operational savings. This includes the preparation and management of service charges. 6. To maintain awareness of statutory compliance regarding management of asbestos, legionella, fire risk, health and safety and so on and undertake checks to ensure that tenants and occupiers fulfil their statutory, legislative and health and safety responsibilities. 7. To establish and maintain good standards of health and safety and fire safety across sites and operations under the control of the Assets and Property service, complying with all legal and Council requirements and good practice.

Strategic asset management

8. To assist the Head of Asset Management in strategic asset management in line with the Council's Strategic Priorities to formulate improved policies and strategies for the management of the Council's property estate. 9. To project manage client service requests to maximise the best value from the Council’s operational estate. This will involve overseeing the acquisition, disposal and letting of properties in line with targets set by the Council and the client service. 10. To devise development options for key Council-owned land and buildings in line with the property Asset Strategy and Asset Management Framework in order to deliver Council services and maximise income or capital values taking into account, where appropriate, an allowance for social, economic or environmental benefits. 11. To develop and progress a strategic plan for the Council’s operational estate, building on relationships and collaborating with the Council’s lessees and internal client services, to ensure the operational estate remains fit for purpose. 12. To contribute to the management of major regeneration projects providing a corporate and commercial approach to the Council’s landholding, working as part of a multi-disciplinary team of advisors and partners, including the private sector. This may involve site assembly and compulsory purchase of individual properties in order to facilitate key developments.

Estate management

13. To assist the Corporate Property Manager in the annual property asset valuations of the estate in accordance with guidance from the Chartered Institute of Public Finance and Accountancy Code of Practice for Local Authority Accounting of property asset valuations. 14. To provide professional advice and a responsive service to internal customers, and to build and maintain strong relationships at all levels across the Council to promote Corporate Property Services.

Other duties

15. To manage and oversee the Asset and Property Managers whose duties include responsibility for the property management of individual properties, including carrying out valuations, rent reviews and lease renewals of the Council’s properties. 16. To lead and manage internal and external advisors and contractors to deliver services and various works, monitoring and reviewing their performance to ensure best value for the Council. 17. To develop external relationships with the Council’s lessees, representatives of statutory bodies, adjacent landowners, local agents and others to promote the Council's interest as necessary. 18. To liaise closely with Legal Services to document property agreements. 19. To liaise closely with Financial Services to ensure the Council records correctly classified properties and leases for resource accounting purposes. 20. To maintain the Council’s computerised property management system, identify any misuse of the Council’s land and property, and instigate appropriate enforcement action as necessary. 21. To provide assistance as directed and valuation advice on valuations for capital accounting purposes of the Council’s operational and investment properties.